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Gia AI Digital Assistant The Future of ARAutomation Gia, Emagias AI-powered digital assistant, provides real-time insights, automates routine tasks, and assists finance teams with proactive decision-making. How does accounts receivable automation software improve cash flow?
Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. The first month after we automated a few basic tasks to supplement our accounting package, we realized an increase in collections of 30 percent.
The evolution of Accounts Receivables (AR) automation has revolutionized our collection strategies. Manual collection processes centered on an aged accounts receivable trial balance (ARTB) lack the regimentation and efficiency brought about by automation. What do you need help with?
A credit manager may hold collection representatives accountable for placing a specific number of phone calls each day or week, or maintain a defined level of outstanding receivables which aligns to key performance indicators. . Leverage ARAutomation. Enter Award-Winning Lockstep . Start with Lockstep Today!
Using technology to gain efficiencies in accounts receivable is a great way to leverage your own cash over borrowing from banks when the credit lines are tightening, and interest rates are increasing. Enter ARAutomation. With automation, teams don’t have to write the same email or letter to customers.
Leverage ARAutomation . Many of the time-consuming processes, AR teams face today can be automated or simplified to the point where they are much easier to manage. This includes invoice and statement delivery, due date reminders, and past due collections communications. . Enter Award-Winning Lockstep .
Before the turn of the century, the answer would have been collectionautomation or remittance processing software because they provided the greatest return on investment. In large part, this is because EIPP addresses the all-important intersection of billing and collections. Below are the key advantages: 1.
For CFOs and AR teams, this comprehensive view is a game-changer in managing accounts receivable, improving collections, and optimizing cash flow. In this blog, we will explore how a Customer 360-Degree View can transform your AR process and how Emagias AI-powered ARAutomation Platform helps unlock the full potential of this strategy.
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